Spider Hype / garmentequipment.com feedbacks

danlilsade · May 3rd, 2012, 10:50 AM

It appears most of the items didn't bring the bucks the sellers were looking for. Is this a surprise? I would love to send a new business tens of thousands of dollars with no warranty, no clear background on the principals and no reputable technician's seal of approval on the equipment.

Today "Broker" is not as bad of word as it was yesterday. Free rides don't exist, the people that listed on this auction were thinking "big buck" selling prices. The auctioneers were thinking of 36% comissions on "As Is" sales and the bidders were thinking they were going get the deal of a lifetime.

I get e-mails and calls every day from potential buyers, many of them end the conversation when they find out I am a middleman in the deal. That's ok with me, I find deals for people that don't have time to travel and inspect every machine. When you ask me the condition of the machine I have a solid answer based on my opinion, not the seller's. Brokers also help sellers that are too busy to cater to potential buyers (of which well over 50% are tire kickers). A guy called me last week and asked who the seller is, he didn't earn the answer to that question. I know the seller because I hit the road and found him, if you want the machine, I am the seller.

Some people middleman deals without ever inspecting what they are selling, these are the people that give Brokers a bad reputation.

Buying and selling equipment requires trust, this is earned over time. Trust is not manufactured on a website that materialized over dinner with sketchy offerings.

srimonogramming · May 3rd, 2012, 11:15 AM

I know that I saw the oval with a bid well over the minimum and it is now saying it didn't sell. I thought I remember seeing that the reserve had been met as well, but I looked at so many yesterday and can't quite recall everything.

danlilsade · May 3rd, 2012, 11:29 AM

The minimum was $50k and the last bid I saw was $75k. The deal should have been made. If is look like a skunk and smells like a skunk...............

inkman996 · May 3rd, 2012, 01:13 PM

Quote:

Today "Broker" is not as bad of word as it was yesterday. Free rides don't exist, the people that listed on this auction were thinking "big buck" selling prices. The auctioneers were thinking of 36% comissions on "As Is" sales and the bidders were thinking they were going get the deal of a lifetime.

The auctioneers were thinking big big bucks with no Credit cards or Paypal to reverse charges, and some of the bidders that thought they were going to get a great deal were screwed when they first added two whole days to bidding and then they apparently screwed more when thy did not close the deal on the minimum required bids.

I think a criminal agency should have a look at this business.

I would love to hear from someone that actually participated in this auction especially someone that placed a minimum bid and did not get the win

srimonogramming · May 3rd, 2012, 01:34 PM

I'd be interested in hearing from some of the people who had their equipment in the auction as well as the bidders. I saw one lot that sold for quite a bit more than he was offered from this sites activity, which is surprising but certainly not reasonable. I know it's none of our business really but it would be a nice thing to know going forward. If it's not a good deal for anyone but the auction site then I think people should know. If it's really a win/win/win then great, get that info out as well. But I think we all are aware and definitely gun shy when it comes to a certain individual and we automatically expect the worst. It's certainly warranted in this case, I just wish we could all give the benefit of the doubt in the other direction instead of thinking it's all a scam.

danlilsade · May 3rd, 2012, 02:07 PM

I was interested in several of the items, so I gave them the "benefit of a doubt". This is not a bad idea of a way to sell equipment, but "as is" and no references doesn't work for me.

GraphicDisorder · May 3rd, 2012, 02:31 PM

Seems like this is the way a lot of "brokers" do business though, not all of course. If you haven't physically put your hands on the equipment you have no business selling it in my opinion. This Auction site is a joke.

tonypep · May 3rd, 2012, 04:03 PM

You mean like Lowery? But they were going to change the industry forever!

danlilsade · May 3rd, 2012, 05:55 PM

I agree with Graphic, if you haven't touched the machine, how can you represent it honestly. If the buyer is made aware that you haven't seen the machine and is ok with that fine, but your lack of personal knowledge should be disclosed going in, not after the fact.

EmbellishAthletics · May 3rd, 2012, 09:57 PM

I made this same argument a while back concerning a broker on this site who attempts to sell equipment they have no knowledge about much less seen in person to inspect. A poster or two in this thread reemed me for my opinion. What's the difference here?

For the record I agree. All of these scammers need to be brought to light but dont just choose the ones you don't like. If you have no knowledge and have not invested the time to inspect the equipment then you have no business selling it.